Then a ‘Double bottom chart pattern’ chart pattern is discovered. The formation shows ‘Double bottom chart pattern’. which is a positive signal. The pair is likely to go up.
Then a ‘Bullish Engulfing’ candle pattern is discovered. The candles form ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025620000 |
| 2nd High | 0.025500000 |
| Next High | 0.025250000 |
| Current Price | 0.025180000 |
| Next Low | 0.025010000 |
| 2nd Low | 0.024820000 |
| 3rd Low | 0.024590000 |
0.025150000 – 0.025250000 – 0.025500000 – 0.025010000 – 0.024820000 – 0.025020000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Bullish Engulfing – Double bottom chart pattern